Food Acidulants Market Size, Share, Growth and Business Trend by 2024
Research Reports
Jan 22, 2021
Market Overview
Increasing application of food acidulants mainly for acidity regulations to give sourness to the food products is driving the demand of food accidulants from beverages industry. Increased demand for preservatives in foods and beverages industry especially from developing countries is supporting the market growth. Additionally, growing concern about the use of acidulants in food products to get several health benefits such as pH control, acidity regulation, preservation of olfactory properties, and others are expected to influence the growth of the global food acidulants market. Increased awareness about the food acidulants is creating new opportunities for key players to expanding their product line. Though, poisonousness caused by the consumption of artificial acidulants found in food products may hinder the market growth during upcoming years.
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Major Key Players
The key players profiled in global Food Acidulants Market report are Cargill Inc. (U.S.), Brenntag AG (Germany), Archer-Daniels-Midland Company (U.S.), Univar Inc. (U.S.), Tate & Lyle Plc. (U.K), Parchem Trading Ltd. (U.S.), Purac Biochem BV (the Netherlands), Caremoli S.p.A (Italy), Jungbunzlauer Suisse AG (Switzerland), and Bartek Ingredients Inc. (Canada) among many others.
Industry Segments
The global food acidulants market has been divided into type, function, application and region.
On The Basis of Type: acetic acid, citric acid, lactic acid, and malic acid
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Regional Analysis
The global food acidulants market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific region holds major market share in the food acidulants market followed by North America. China, one of the major market in Asia Pacific region accounted for higher consumption of food acidulants due to growing application of food acidulants in food & beverage products. Also, consumption of healthy products with improved shelf-life in food & beverages is the major driving factor across the globe. Moreover, growing demand for food acidulants in convenience food products especially in the European countries like the U.S, U.K., Canada, and Germany are likely to boost the growth of the food acidulants market during the forecast period.
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